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    121 Baiza Dr Odessa, TX 79766

    For Sale
    $600,000

    8.7 Acres, Hwy 385 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 8.7-acre commercial land parcel presents a remarkable investment opportunity in Odessa, Texas. Located at 121 W Baiza Dr, 79766 (APN: 01415.00130.00000), this property boasts significant frontage on Highway 385, providing unparalleled visibility and accessibility. The lot is already improved with caliche and fencing, reducing initial development costs. Its strategic location offers easy access to key transportation arteries, including South County Road West, South Loop 338, and Interstate 20, ensuring seamless connectivity throughout the region. This makes it ideal for a wide range of commercial or industrial uses, from warehousing and distribution centers to retail establishments and light industrial facilities. The asking price for this highly desirable property is $600,000. Given its size, location, and improvements, this represents a compelling value proposition for discerning investors seeking a foothold in the thriving Odessa market. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 121 Baiza Dr

    General Information

    Property type
    Land
    Lot Size
    378,972 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.368666
    Latitude
    31.793696

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    FAQs

    What type of property is this?
    Land - 8.7 Acres, Hwy 385 Frontage
    Where is this land located?
    The property is located at 121 Baiza Dr Odessa, TX.
    What is the asking price?
    The asking price for this property is $600,000.
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    121 Baiza Dr Odessa, TX 79766
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 Baiza Dr Odessa, TX 79766
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